School Systems Federal Credit Union

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A short history of School Systems FCU

Since its inception in 1954 the School Systems Federal Credit Union has been serving its members in the TROY, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Mark Hatfield, the School Systems FCU has grown its membership to over 5,623 with assets of more than $88,369,369. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (518) 286-1611 or email them at ssfcu@schoolfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TROY, NY.

General Information For School Systems FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 9486
Address 150 DEFREEST DR 
City TROY 
State New York 
Zip-Code 12180
Phone Number (518) 286-1611
Fax Number (518) 286-2778
Email Address: ssfcu@schoolfcu.com
CEO/President Mark Hatfield
Members 5,623 
Full-Time Employees 12 
Part-Time Employees
Number of Branch Offices
Total Assets 88,369,369 
Website http://www.school-systems.com 

Compare School Systems Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Niagara Mohawk Pwr Cor Troy E CU NIAGARA MOHAWK TROY EMP FCU 235 OAKWOOD AVE 12182 (518) 270-3400 No 3.86
Troy CU TROY FEDERAL CREDIT UNION 2175 6TH AVE 12180 (518) 272-1688 No 4.78
Postal Employees Of Troy, N.y. CU Corporate Office 400 Broadway 12180 (518) 273-1960 No 5.03
Norton-troy Employees CU NORTON-TROY CU OFFICE 2600 10TH AVE 12189 (518) 266-2481 No 6.01
Community Resource CU Albany Office 1125 Broadway 12204 (518) 433-3802 No 9.55

School Systems Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


School Systems Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.75 2.99 3.99 3.50 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 227 145 202 72 168
Rank Among All New York Credit Unions 39 62 63 19 53

School Systems Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.30 0.75 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 97 215 192
Rank Among All New York Credit Unions N/A 34 23 51 48
School Systems Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.7507261,106,883
All Other Unsecured Loans/Lines of Credit 8.4905513,348,108
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 4.000537,021
New Vehicle Loans 2.9902893,848,243
Used Vehicle Loans 3.9901781,711,239
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.500918,329,449
Total Other Real Estate Loans/Lines of Credit 4.50030913,499,710
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.0001480,290
TOTAL LOANS & LEASES 2,16331,960,943

School Systems Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 807,364,0846903,300
    b. 15 Years or less 8443,0781215,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 3522,28700

OTHER REAL ESTATE

Closed-End Fixed Rate 1376,013,8098541,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1225,832,063151,040,900
Open-End Fixed Rate 501,653,8388517,415
TOTALS 40021,829,159383,217,615

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

School Systems Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes